Essilor Shares Rise Sharply in Past Month
Essilor’s stock price has been on the rise in the last 4 weeks, increasing 5.97% in that span. Shares of Essilor have moved 0.93% in the last 6 months, and 24.31% over the past year.
Essilor had previously announced that their employee shareholding had surpassed 50%, beating their 35% target.
The Essilor/Luxottica merger has now been approved in Canada, Australia, Colombia, India, Japan, Morocco, New Zealand, Russia, South Africa, South Korea and Taiwan. The proposed merger is still being investigated by the European Commission, and the initial February 26, 2018 deadline for a decision has been pushed back after the commission requested more information from the companies.